Huffines Enterprises Facilitates New Townhome Development in Plano
July 29, 2024—Huffines Enterprises, a Dallas-based private real estate developer renowned for creating world-class master-planned communities, has announced the sale of a 27-acre property in Plano, Texas, to Watermark Companies. This prime parcel, located west of Central Expressway (Hwy 75) between Parker Road and Spring Creek Parkway on Premier Drive, is set to be transformed into a vibrant townhome community.bizjournals.com
Situated in the heart of Plano, this site stands as one of the largest remaining single-family plots in the city. Zoned and platted for single-family attached townhomes (SF-A), the development will feature 155 front-entry townhomes, each measuring 25 feet by 95 feet. The community will be bisected by a picturesque rock-bottom creek, offering residents a harmonious blend of natural beauty and modern living.bizjournals.com
"This deal represents the last opportunity to achieve scale in the most prominent and sought-after new home market in the Dallas-Fort Worth area," said Don Huffines, Owner of Huffines Enterprises. "These townhomes are poised to be a tremendous success due to their irreplaceable location."
Future residents will benefit from proximity to a variety of retail, dining, and office establishments, enhancing the community's appeal. Additionally, the development falls within the highly regarded Plano Independent School District, serving Mendenhall Elementary School, Bowman Middle School, and Plano Senior High School.
The transaction was brokered by James Hairston, Jr., of HIDAY Real Estate, following a comprehensive nationwide search to identify a premier buyer with a proven track record. Watermark Companies, a national residential developer specializing in creating market-leading communities, will spearhead the development, offering an elevated living experience for future residents.
Huffines Enterprises takes pride in contributing to Plano's growth by facilitating the creation of high-quality housing options that positively impact the local community.
For more information about Huffines Enterprises and their developments, visit www.huffinesenterprises.com.